The receipts from a special tax levy to retire and pay interest on general obligation bonds issued
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The receipts from a special tax levy to retire and pay interest on general obligation bonds issued to finance the construction of a new city hall should be recorded in a
a. Debt Service Fund.
b. Capital Projects Fund.
c. Revolving Interest Fund.
d. Special Revenue Fund.
e. none of the above.
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Related Book For
Governmental And Nonprofit Accounting Theory And Practice
ISBN: 9780132552721
9th Edition
Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,
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